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Tuna exports estimated at nearly 700 million USD in 10 months

Tuna exports brought home 693 million USD during the first 10 months of 2023, falling 22% year on year and ranking third among aquatic products, reported the Vietnam Association of Seafood Exporters and Producers (VASEP).
Tuna exports estimated at nearly 700 million USD in 10 months ảnh 1Tuna ranked third among aquatic products in terms of export value during the first 10 months of 2023. (Photo: VNA)
Hanoi (VNA) – Tunaexports brought home 693 million USD during the first 10 months of2023, falling 22% year on year and ranking third among aquatic products,reported the Vietnam Association of Seafood Exporters and Producers (VASEP).

During the period, total overseasshipments of aquatic products declined 21% to 7.4 billion USD, with all theproducts recording lower export revenue compared to the same period last year,VASEP said.

The biggest importers of Vietnamese tuna were the US, Israel, Thailand,Japan, Canada, and Germany. While exports to Israel, Thailand, and Germanyposted good growth, shipments to the US, Japan, and Canada plunged.

Notably, tuna exports to the US, thelargest market, dropped 41% from a year earlier during the first nine months ofthis year.

Meanwhile, the nine-month exports to Poland shot up 125% to top 4 million USD,statistics show.

Poland is the seventh largest EUmarket of tuna from Vietnam, VASEP noted, considering the continuous growth inthis country’s tuna imports over the last five years as a good chance forVietnamese products there.

Vietnamis currently the third largest non-EU supplier of tuna for Poland, afterEcuador and the Philippines. While the Philippines’ exports to this market havebeen decreasing, Vietnam’s are now on the rise, the association said.

Canned fish made up the biggest proportion, more than 83%, among tuna products shipped toPoland, with a surge of 211% in value.

Businesses attributed the soaringexports to Poland partly to impact of inflation. Higher prices in supply chainssuch as vegetable oil, can, and carton package prices have also boosted importers’direct purchases.

Though exports to the UK have fallenin recent months, total tuna shipments there still climbed 48% during January -September to over 5.5 million USD. The export value of fresh and frozen tunaproducts rose sharply compared to the same period last year.

With a modest market share of 1%, Vietnam ranks 13th among the tunasuppliers for the UK at present, according to VASEP./.
VNA

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